NRI’s and Foreign national LLP registration in India

There are many NRI’s and foreign nationalities used to invest their money for the effective business actions in our country. Procedures differs for those people while doing LLP company registration. People with this nationality have usually registered their business in Private limited legal form were the Foreign Direct Investment (FDI). It is the PVT LTD Company registration seems to be an easy way of protecting your business with low cost comparatively. Under the automatic route in India the free investment of NRI’s and Foreign nationals in business is allowed for 100 percentage in LLP Company type.

Let us see more about LLP registration, also the NRI and Foreign national LLP registration

LLP Company Registration in India

It is the recent form of business registration in India based on the Limited Liability Partnership Company Act of 2008. When comparing to the Private limited company registration the compliance requirements to the cost effectiveness is low for the LLP companies. We Corproots in Bangalore have the experience in registering LLP companies in many locations in the city as well as in other locations in affordable pricing. You can check for our quote in LLP company registration in Bangalore through our website

NRI’s and foreign national business entry in our country

• Company incorporation for these nationalities is easy by registering their business as private limited concerns or thereby can invest in any companies. As we said the automatic route for the FDI investment in private limited company setup became the popular way to enter the NRI’s and foreign nationals in India.
• Branch office setup of foreign company in India is followed only by obtaining the approval from the Reserve Bank of India for those nationalities. Thus the companies which have strong background in finance and also in other aspects can only start their branch office in India. This may be rare chance for the entry of NRI’s and foreign people in our market depending on the company status which can be accepted by our country regulations. So that branch office setup is not an easy option for the NRI’s and foreign people to enter our country.
• LLP company registration, government approval is strictly required for the NRI’s and foreign nationals to invest in LLP Company as per the rule from November 2015. Such an investment became tough to managed by those people have raised the idea of registering their business entity as LLP type. The use of FDI norms in November 2015 made the easy LLP company registration with foreign investment for the small business in India.
• LLP registration FDI norms, under the automatic route of 10^th November of 2015 of FDI regulations, FDI is now allowed for 100 percentage. This cent percent FDI is allowed for all the business sectors through automatic route and no FD- Linked performance conditions. So that in LLP can help NRI’s and foreign nationals to enter India.

Let us go through the registration process in simple steps:

There should be minimum of 2 partners for registering their business in LLP in India. As per the requirement of company registration in India, one among the partner should be an Indian resident and should be Indian citizen.

5 steps to make your company LLP

1. Obtain DSC (Digital Signature Certificate) for the partners in the company
2. Get the DPIN (Designated Partner Identification Number) for the partners
3. Government approval for the LLP by the company name
4. An incorporation certificate for the company should be approved by the government
5. An agreement for the LLP is filed in the government within 30 days of time.